EU-ASEAN Business Council says European firms are stepping up investment in Southeast Asia.

Asia's crude imports rose to their highest level since the Iran conflict in September but remained roughly 13% below pre-conflict volumes, according to Kpler. September Asia crude imports were 23.96 mln b/d, up from 23.38 mln b/d in August and the highest since February. Asia's Middle East deliveries were 12.56 mln b/d in September, versus 11.66 mln b/d in August and up from the post-conflict low of 7.12 mln b/d in April. The three-month pre-conflict average was 27.55 mln b/d; imports have been recovering since April's 10-year low.

Iranian MP Rashidi said the president’s trip to New York is an opportunity to showcase Iran’s strength. He urged the president and his team to clearly state Iran’s firm stance, project a clear image of a strong Iran to international audiences, and fully set out the country’s capabilities.